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- BusinessAFP News
Weak yen pressures Bank of Japan rate decision
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the tumbling yen is putting pressure on officials to act.The central bank ditched its negative interest rate policy in March as it announced its first hike in 17 years, giving a brief lift to the yen.
2-min read - BusinessReuters
Rupee to see muted reaction to US inflation flare-up
The Indian rupee is expected to open little changed on Friday, despite a pick-up in U.S. inflation which spurred a rise in U.S. Treasury yields and further reduced the likelihood of imminent Federal Reserve rate cuts. Non-deliverable forwards indicate the rupee will open at 83.30-83.32 to the U.S. dollar, compared with its close of 82.3150 in the previous session. The core PCE rose by 3.7% in the first quarter, above expectations of a 3.4% increase.
2-min read - BusinessAFP News
End of the road? Philippine jeepneys face uncertain future
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles initially made from leftover US Jeeps that became a national symbol.- 'Spirit of the jeepney' - Teodoro Caparino, who has been driving a jeepney for 35 years, hopes the government will decide to fix existing jeepneys rather than replace them with "Chinese-made vehicles".
5-min read - HealthHuffPost
FDA Report Finds Traces Of Bird Flu Were In Commercial Milk Supply Samples
About one in five samples of commercially sold pasteurized milk contained traces of the highly pathogenic avian influenza.
3-min read - NewsAFP News
The Indian villagers who lost their homes to the sea
The gentle roar of the ocean lulled Indian mother-of-two Banita Behra to sleep each night, until one day the encroaching tide reached her doorstep.Jagbandhu Behra -- no relation to Banita -- was unable to find a job to support himself in the Bagapatia resettlement colony after leaving Satabhaya.
4-min read - HealthAFP News
Japan anime studio draws on talent of autistic artists
Diagnosed with autism, Shoko Sakuma says she struggled working in accounting but now she is putting her childhood love of drawing to work in a special Japanese animation studio.The groundbreaking initiative aims to provide job training and confidence to people with autism who can find it hard to cope in Japan's often high-stress and long-hours work environment.
4-min read - NewsAFP News
Bangladesh children sweat at home as heatwave shuts schools
Classes are cancelled across Bangladesh due to searing heat, but high school student Mohua Akter Nur found the soaring temperatures at home left her in no state for homework.Bangladesh authorities expect to reopen schools from April 28, before temperatures are expected to recede.
3-min read